Property Attributes
- MLS#20303328
- TypeContingent
- CountyGRAYSON
- CityTioga
- NeighborhoodCharles Kitchen survey & PH Street Addn
- Zip76271
- StyleHotel/Motel
- Year Built1998
- Taxes$ 31209
- Price$ 4,897,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size52.38 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
ATTENTION INVESTORS & DEVELOPERS!*!* Over 52 acres of prime investment property with 7 acre private lake and resort quality accommodations. Existing tenant on short term lease but interested in remaining. Main Lodge (approx. 12,800 sf) has a commercial restaurant kitchen and large dining hall, large meeting hall, several private offices, meeting library, large open seating areas, private and public style restrooms, storage rooms, mechanical facilities & 1- 2nd floor meeting room. Masonry Sided Motel complex with 14 units and laundry facilities. Wood Sided Motel complex with 16 units and laundry facilities. Wood Frame Office building. Once home to Spirit of the West Resort with a 9 hole, par 3 golf course. City utilities are at the property and assessable for future development. All information is to best of Agents knowledge but not guaranteed or warranted. Buyers to confirm all information.
Price History | |
---|---|
5/10/2023 | Listed $5,250,000 |
9/6/2023 | 5% - $4,997,500 |
2/27/2024 | 3% - $4,897,500 |
General Features
Heating | Central,Other |
---|---|
Cooling | Ceiling Fan(s),Central Air,Other |
Utilities | All Weather Road,City Sewer,City Water,Electricity Connected,Individual Gas Meter,Natural Gas Available,Overhead Utilities,Septic,Other |
Ceiling Height | 8 to10 Feet,11 to 14 Feet,Other |
Possession | Negotiable |
Roof | Composition,Spanish Tile |
Exclusions | All personal property and Tenant property including kitchen equipment. |
Year Built | 1998 |
Tenant Pays | All Utilities,Other |
Business Type | Bar/Tavern/Lounge,Bed & Breakfast,Commercial,Convalescent,Health Services,Hospitality,Hotel/Motel,Medical,Mixed,Professional Office,Professional Service,Recreation,Restaurant,Other |
Unexempt Taxes | 31209 |
Building Use | Food Service,Hotel/Motel,Medical,Office,Restaurant |
Will Subdivide | Yes |
Gross Annual Expenses | 0.00 |
Property SubType | Hotel/Motel |
Subdivision Name | Charles Kitchen survey & PH Street Addn |
Zoning Description | Contact City of Tioga |
Occupant Type | Tenant |
County | Grayson |
Property Type | Commercial Sale |
Construction Materials | Frame,Siding,Stucco |
Year Built Details | Preowned |
Special Notes | Flood Plain,Flowage Easement,Right of First Refusal,Special Contracts/Provisions,Utility Easement |
Status | Active Option Contract |
Directions | US Hwy 377 to Tioga,turn west on Gene Autry Drive and cross RR tracks and Texas Street to Healing Springs Ranch privacy gate. Listing Agent will meet you at the gate. |
City | Tioga |
Buyer Agent Compensation | 3 |
Street Name | Texas |
Virtual Tour URL Unbranded | https://www.healingspringsranch.com/facility-tour/ |
Virtual Tour URL Branded | sites.skyshotstudios.com/100stexasst/?mls |
Standard Status | Active Under Contract |
Buyer Agent Compensation Type | % |
Interior Features
Flooring | Brick/Adobe,Carpet,Ceramic Tile,Concrete |
---|---|
Total Stories | 2 |
Total Units | 18 |
SQFT Gross | 2281672 |
Lock Box Type | None |
Street Suffix | Street |
Exterior Features
Lot Features | Acreage,Few Trees,Tank/ Pond,Varied,Water/Lake View,Waterfront |
---|---|
Lot Size Source | Assessor |
Parking Features | On Site,Varies by Unit |
WaterFront Features | Lake Front |
Lot Size | 50 to =< 100 Acres |
Foundation | Combination,Slab,Other |
Lot Size Area | 52.3800 |
Lot Size Units | Acres |
Building Area Total | 1626.00 |
Road Frontage Type | City Street,County Road |
Lot Size Square Feet | 2281672.8000 |
Lot Size Acres | 52.3800 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool